<p>On Thursday, the Dow closed down 390 points, its second worst fall in 2007. The last such massive plunge this year came in February when bluechips fell a whopping 416 points.</p> <p>NASDAQ closed 56 points lower while the S and P 500 fell 44 points.</p> <p>Crude was lower by about half a dollar, while gold finished […]
Cisco Comes Through: NASDAQ Outperforms Bluechips
<p>On closing Wednesday, the Dow added 1.14 percent, the NASDAQ outperformed bluechips with additons of 2.01 percent and the S&P500 made gains of 1.41 percent.</p> <p>The standout earnings posting -Ttech bellwether, Cisco Systems impacted heavily on early action with a report of 25 percent gain in Q4 profits, causing Wall Street analysts to up their […]
Fed Facade Adds To Market Gains
<p>U.S. markets ended Tuesday on a high note after the Fed put up a calm face amid credit woes and held interest rates at 5.25 pct. The Dow closed up 0.26 pct, the tech-laden NASDAQ ended the day up more than half a percent, while the S&P500 paced gains of 0.62 pct.</p> <p>European shares also closed […]
Enlightened moderation Vs Enlightened Radicalism
Saeed Minhas contributes from Islamabad “Enlightened moderation” is up against the “enlightened radicalism” not only in the parliament of Pakistan but throughout the country as much-trumpeted multi-pronged policies of President Gen. Musharraf are bearing the fruits. Gen. Musharraf has embarked upon the policy of enlightened moderation after seizing power in a blood-less military […]
How To Overcome Fraud and Investment Risk
How To Overcome Fraud and Investment Risk Investment opportunities generate responsibilities, challenges and risks. Besides, the market-induced risks are the unwholesome practices and frauds, which may lead to gargantuan loss of funds and possible profits. For instance, one investment promoter attempted to get people to invest in a fake coconut plantation in South America, claiming […]
Extremism or Musharraf: US pushes for action at any cost
Saeed Minhas Islamabad– As Pakistan decides to take on the home-grown monsters linked to religious extremists who have turned from freedom fighters to terrorists within a span of last 10 years, all investigations are pointing fingers at the involvement of investors and facilitators of these monsters which include royal families of UAE, House of Saud, […]